AP - European governments overcame their differences to put $2.3 trillion on the line Monday in guarantees and other emergency measures to save the banking system in their most unified response yet to the global financial crisis. Read more…

AFP - Former EU trade chief Peter Mandelson was elevated to the House of Lords Monday to allow him to re-join the government -- and immediately faced new criticism over money. Read more…

AFP - The FTSE 100 soared on Monday, with the index of leading shares up 4.84 percent after leading banks accepted billions of pounds of taxpayers' money to prop up their ailing institutions. Read more…

AP - American Paul Krugman won the Nobel economics prize on Monday for his analysis of trade patterns and locations of economic activity. Read more…

AP - Recent winners of the Nobel Memorial Prize in Economic Sciences, and their research, according to the Nobel Foundation: Read more…

AP - Germany and Italy want the European Union to resume talks on a political and economic pact with Russia that were frozen owing to Moscow's war with Georgia. Read more…

AP - European markets opened strongly Monday following Asia's lead in response to the widespread government efforts over the weekend to shore up the world's troubled financial system. Read more…

AP - German leaders worked Monday to tie up a rescue package for their banking system that officials said could be worth as much as $543 billion — part of a coordinated effort to shore up the euro zone's financial sector. Read more…

AP - The head of the International Monetary Fund welcomed a European bank rescue plan on Monday despite its high cost, and predicted that weekend efforts by world leaders would soothe anxious global markets. Read more…

AP - Three of the largest British banks said Monday they plan to take up to $63 billion of government money to boost their balance sheets. Read more…

AFP - European leaders agreed a plan that would inject billions of dollars into troubled banks in an attempt to restore confidence in the financial system, leading to a cautious rebound in Asian markets Monday. Read more…

Reuters - Britain's biggest mortgage provider HBOS Plc said the takeover of the bank by Lloyds TSB remained on, rejecting a report on Sunday that the deal had collapsed. Read more…

AFP - Fifteen European Union leaders on Sunday hammered out action to confront the financial crisis before announcing hundreds of billions of dollars of new initiatives to head off a feared "meltdown". Read more…

AFP - Fifteen EU countries meeting in Paris will guarantee new medium-term loans between private banks in a bid to end the credit crunch, according to a draft statement seen by AFP on Sunday. Read more…

AP - If history is any guide, this year's Nobel economics prize will award the developers of economic theories that have had the time to take root, grow and prove resilient. Read more…

AP - European leaders are searching for a common response to the spreading financial crisis which has ricocheted across the Atlantic to their shores. Read more…

AFP - The FTSE 100 index of leading shares plunged by almost nine percent on Friday after fresh falls on Wall Street, as investors continued to fret over the worldwide financial crisis. Read more…

BusinessWeek Online - More than five years ago, in April 2003, the attorneys general of two small states traveled to Washington with a stern warning for the nation's top bank regulator. Sitting in the spacious Office of the Comptroller of the Currency, with its panoramic view of the capital, the AGs from North Carolina and Iowa said lenders were pushing increasingly risky mortgages. Their host, John D. Hawke Jr., expressed skepticism. Read more…

AP - A spokesman says NATO defense ministers have agreed their troops can target drugs facilities financing the Afghan insurgency. Read more…

AP - European stock markets slumped in early trading Friday following massive sell-offs on Wall Street and Asia as lending rates between banks continue to rise despite this week's efforts by central banks to break the logjam in credit markets. Read more…

Reuters - European stocks tumbled at the open on Friday, tracking plunges in Asian and U.S. equities as investors feared world governments' attempts to unlock credit markets would not be enough to ward off a global recession. Read more…

AFP - Lithuania's general election Sunday comes as storm clouds gather over the EU "tiger" economy, with a long-running boom tailing off and grinding inflation hurting voters. Read more…

AFP - US and European stock markets slid Thursday as jitters mounted over the widening global financial crisis despite drastic actions by authorities to contain the turmoil. Read more…

AP - The financial crisis has irreparably damaged the image of the U.S. as the leader of the free world and the global economy, Russian Prime Minister Vladimir Putin said Thursday. Read more…

AP - Iceland suspended trading on its stock exchange for two days and took control of the country's largest bank — the third to be placed under its protective umbrella — on Thursday as it grappled with a banking crisis that is threatening to engulf the entire country. Read more…